By: ICN Bureau
Last updated : September 10, 2021 10:21 am
The company will focus on basic industrial chemicals trading, petrochemicals trading and commercial brokers
Gulshan Polyols Limited (GPL) has incorporated a wholly owned subsidiary Gulshan Overseas - FZCO in Dubai Silicon Oasis Authority for expanding its business globally.
The Board of Director of Gulshan Polyols Limited has approved the formation of a wholly owned subsidiary for the purpose of expanding the current business of the company and exploring the business opportunities globally.
The company will focus on basic industrial chemicals trading, petrochemicals trading and commercial brokers. The paid-up share capital of the wholly owned subsidiary is AED 100,000 divided into 10.000 shares of AED 10 each.
Gulshan Polyols Limited is a multi location, multi product manufacturing company and has become a market leader in most of its products in India with global presence in 35 countries, across 3 continents. Its business portfolio covers starch sugars, native starches, calcium carbonate, agro based animal feed, alcohol business and on-site PCC plants.